Giuseppe Orsi, Chief Executive Officer of Finmeccanica, the large Italian defense contractor, was arrested overnight in Italy on charges that he and his company bribed Indian officials to win defense contracts. Finmeccanica shares fell as much as 14 percent after being halted in Milan on the news...

Futures Lower Following North Korean Nuclear Test
U.S. equity futures declined in overnight trade as many Asian markets remained closed as North Korean tested its third atomic bomb in defiance of the U.N. South Korean authorities registered a 4.9 magnitude earthquake in its northern counterpart,...